SEC Crypto Newsroom/
Statement on Proposal to Address the Custody of Crypto Assets Under the Investment Advisers Act and the Investment Company Act
The SEC has proposed a new regulatory framework for the custody of crypto assets under the Investment Advisers Act and Investment Company Act to replace outdated rules and provide a compliant pathway for investment advisers and funds.
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Read the original report at SEC Crypto NewsroomWhy It Matters
The proposal aims to eliminate regulatory uncertainty for institutional investors, potentially increasing institutional adoption by providing a clear, compliant structure for holding crypto assets.